Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget+0.205%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1231.233% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 3 days (all we have)−0.326%−$33 · spread now +0.205%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.243% dearer against Bitget than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UBUSDT | 0.1465 | 0.0100 | pay 0.0050% / 4h | 1h 51m | $2.4M | $3.6M | 50x |
| Short | BloFin UB-USDT | 0.1468 | 0.0130 | get 0.0065% / 4h | 1h 51m | $160K | $1.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.26
- Price spread: +0.205% → −0.039%
- $24.35
- Slippage, 4 orders
- −$99.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$92.66
- Costs to cover
- 1.233%
- Break-even
- 110.6 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 7.14 bp | 33.7 bp −$34 | 258.2 bp −$2,582 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 7.14 bp | 27.2 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
UB on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UBUSDT | +0.0100% | 4h | 0.1465 | +0.023% | $3.2M | $16.5M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1464 | −0.088% | $1.1M | $2.4M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1463 | −0.150% | $1.3M | $16.0M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1464 | −0.089% | $1.5M | $3.3M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1467 | +0.130% | $644K | $691K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1464 | −0.061% | $1.0M | $1.4M | 20x | as long as short |
| Bitget UBUSDTlong | +0.0100% | 4h | 0.1465 | long leg | $2.4M | $3.6M | 50x | |
| BingX UB-USDT | +0.0100% | 4h | 0.1464 | −0.061% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1470 | +0.350% | $92 | $5K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1469 | +0.279% | $37K | $259K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX UB-USDT | +0.0100% | 4h | 0.1467 | +0.157% | $15K | $178K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1467 | +0.142% | $948 | $176K | 5x | as long as short |
| BloFin UB-USDTshort | +0.0130% | 4h | 0.1468 | +0.205% | $160K | $1.2M | 50x | |
| Aster UBUSDT | +0.0702% | 4h | 0.1468 | +0.174% | $398K | $201K | 5x | as long as short |
Bitget UBUSDT
BloFin UB-USDT
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
BingX UB-USDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDT
Extended UB-USD
Aster UBUSDT